Financial credit risk assessment has gained a great deal of attention. Many different parties have an interest in credit risk assessment. Banking authorities are interested because it helps them to determine the overall strength of the banking system and its ability to handle adverse conditions. Due to the importance of credit risk analysis, many methods were widely applied to credit risk measu...

Credit is a strategic empowerment tool that has the potential to change the life of a person, family or community from a situation of abject poverty to a more dignified life. It can transform self-image, unlock potential and boost the productivity and well-being of the poor and vulnerable, especially farmers. This paper estimates the determinants of credit demand by farmers and supply by Rural ...

Interfirm late payments are a hot issue in the EU, as witnessed by the 1998 bills passed in Italy and in the U.K. and by the soon to be approved EU Directive. Comprehensive information, especially on the effective own cost, is however almost absent in the literature. The paper provides the first detailed evidence of the trade debt own cost for the Italian manufacturing firms, arising out of dis...

I am very pleased to attend the International Conference on “Public Policy for Credit Reporting System: Strengthening Dialogue and Cooperation between the Government and the Private Sector”. Credit reporting system is essential to the modern financial system and plays a significant role in financial and economic development. In the recent 20 years, credit reporting system has received increased...

Article history: Received 16 June 2014 Received in revised form 24 September 2014 Accepted 2 October 2014 Available online 13 October 2014 I study the impact of Lehman Brothers' bankruptcy and resultant inability to honor its obligations as a lender under committed credit lines. Firms that lost access to a credit line committed by Lehman Brothers experienced abnormal stock returns of−3%, on ave...

The significant development of credit industry led to growing interest in sophisticated methods which can support making more accurate and more rapid credit decisions. The parametric statistical methods such as linear discriminant analysis and logistic regression were soon followed up by nonparametrical methods and other techniques: neural networks, decision trees, and genetic algorithms. This ...

The role of banking and nance in the Golden Age of European growth (1950-1973) is very little known and widely underestimated. This paper studies the French system of economic planning and investment-based strategy that enhanced medium and long term nancing (called 'invest-ment credit'). First, I describe the new institutions that were built after WWII to organize credit allocation and especial...

The role of banking and nance in the Golden Age of European growth (1950-1973) is very little known and widely underestimated. This paper studies the French system of economic planning and investment-based strategy that enhanced medium and long term nancing (called 'investment credit'). I use a newly constructed database that matches the amount of credit (that had to be registered at the Banque...

As the credit industry has been growing rapidly, credit scoring models have been widely used by the financial industry during this time to improve cash flow and credit collections. However, a large amount of redundant information and features are involved in the credit dataset, which leads to lower accuracy and higher complexity of the credit scoring model. So, effective feature selection metho...

The study has looked into the institutional credit in relation with agricultural productivity in Jammu & Kashmir. The results have revealed that although the credit deployment of scheduled commercial banks (SCBs) to agriculture has increased in absolute terms, its percentage share in the total credit outstanding has declined sharply. The intensity of agricultural credit has also declined over t...